Velesto Energy Berhad Future Growth

Future criteria checks 0/6

Velesto Energy Berhad's revenue and earnings are forecast to decline at 10% and 21% per annum respectively. EPS is expected to decline by 20.4% per annum. Return on equity is forecast to be 4.8% in 3 years.

Key information

-21.0%

Earnings growth rate

-20.4%

EPS growth rate

Energy Services earnings growth	7.7%
Revenue growth rate	-10.0%
Future return on equity	4.8%
Analyst coverage	Good
Last updated	02 Dec 2024

Recent future growth updates

Velesto Energy Berhad Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Mar 03

Recent updates

We Think Velesto Energy Berhad (KLSE:VELESTO) Can Manage Its Debt With Ease

Jan 17

We Think Velesto Energy Berhad (KLSE:VELESTO) Can Manage Its Debt With Ease

Jul 02

Velesto Energy Berhad Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Mar 03

Velesto Energy Berhad (KLSE:VELESTO) Is Experiencing Growth In Returns On Capital

Feb 18

Is Velesto Energy Berhad (KLSE:VELESTO) A Risky Investment?

Jan 14

Velesto Energy Berhad (KLSE:VELESTO) Is Looking To Continue Growing Its Returns On Capital

Nov 18

Is There An Opportunity With Velesto Energy Berhad's (KLSE:VELESTO) 30% Undervaluation?

Oct 08

Is Velesto Energy Berhad (KLSE:VELESTO) Using Too Much Debt?

Jul 28

Earnings and Revenue Growth Forecasts

KLSE:VELESTO - Analysts future estimates and past financials data (MYR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	1,150	146	286	373	7
12/31/2025	1,191	125	328	405	8
12/31/2024	1,355	189	231	392	8
9/30/2024	1,442	219	288	475	N/A
6/30/2024	1,379	178	284	427	N/A
3/31/2024	1,265	132	294	428	N/A
12/31/2023	1,214	100	266	376	N/A
9/30/2023	1,099	7	152	275	N/A
6/30/2023	983	21	10	127	N/A
3/31/2023	791	-40	-125	24	N/A
12/31/2022	581	-100	-151	-3	N/A
9/30/2022	496	-69	-118	-7	N/A
6/30/2022	414	-136	-115	-24	N/A
3/31/2022	411	-77	-114	-53	N/A
12/31/2021	378	-91	-101	-29	N/A
9/30/2021	318	-590	-75	11	N/A
6/30/2021	357	-537	27	87	N/A
3/31/2021	415	-569	193	244	N/A
12/31/2020	547	-492	227	286	N/A
9/30/2020	626	12	231	307	N/A
6/30/2020	704	45	240	349	N/A
3/31/2020	720	72	152	290	N/A
12/31/2019	671	33	99	211	N/A
9/30/2019	683	36	138	223	N/A
6/30/2019	624	-11	49	119	N/A
3/31/2019	579	-47	70	98	N/A
12/31/2018	574	-20	139	167	N/A
9/30/2018	576	-1,008	93	124	N/A
6/30/2018	606	-991	N/A	147	N/A
3/31/2018	634	-1,018	N/A	87	N/A
12/31/2017	587	-1,127	N/A	-51	N/A
9/30/2017	448	-1,061	N/A	-72	N/A
6/30/2017	318	-1,200	N/A	-70	N/A
3/31/2017	308	-1,216	N/A	-80	N/A
12/31/2016	321	-1,177	N/A	-64	N/A
9/30/2016	399	-674	N/A	139	N/A
6/30/2016	562	-538	N/A	145	N/A
3/31/2016	615	-467	N/A	263	N/A
12/31/2015	840	-369	N/A	375	N/A
9/30/2015	1,035	109	N/A	227	N/A
6/30/2015	1,077	175	N/A	283	N/A
3/31/2015	1,132	230	N/A	257	N/A
12/31/2014	1,015	252	N/A	282	N/A
9/30/2014	896	232	N/A	233	N/A
6/30/2014	847	217	N/A	222	N/A
3/31/2014	771	200	N/A	164	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: VELESTO's earnings are forecast to decline over the next 3 years (-21% per year).

Earnings vs Market: VELESTO's earnings are forecast to decline over the next 3 years (-21% per year).

High Growth Earnings: VELESTO's earnings are forecast to decline over the next 3 years.

Revenue vs Market: VELESTO's revenue is expected to decline over the next 3 years (-10% per year).

High Growth Revenue: VELESTO's revenue is forecast to decline over the next 3 years (-10% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: VELESTO's Return on Equity is forecast to be low in 3 years time (4.8%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/20 09:12
End of Day Share Price	2025/01/17 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Velesto Energy Berhad is covered by 21 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Muhammad Afif Bin Zulkaplly	Affin Hwang Investment Bank
Arhnue Tan	Alliance Research Sdn. Bhd.
Clement Chen	Barclays

Velesto Energy Berhad Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 14%

Consensus EPS estimates increase by 15%

Price target increased by 7.6% to RM0.32

Velesto Energy Berhad Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Price target increased by 7.7% to RM0.30

Price target increased by 7.1% to RM0.27

Recent updates

We Think Velesto Energy Berhad (KLSE:VELESTO) Can Manage Its Debt With Ease

New minor risk - Share price stability

Consensus EPS estimates increase by 14%

New major risk - Revenue and earnings growth

Third quarter 2024 earnings released: EPS: RM0.005 (vs RM0 in 3Q 2023)

Second quarter 2024 earnings released: EPS: RM0.008 (vs RM0.002 in 2Q 2023)

Velesto Energy Berhad Announces Redesignation of Puan Rowina Ghazali Seth as Independent and Non Executive Chairman of Nomination and Remuneration Committee from Member of Nomination and Remuneration Committee

We Think Velesto Energy Berhad (KLSE:VELESTO) Can Manage Its Debt With Ease

Velesto Energy Berhad, Annual General Meeting, May 30, 2024

Consensus EPS estimates increase by 15%

Price target increased by 7.6% to RM0.32

Velesto Energy Berhad Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Velesto Energy Berhad Appoints Encik Alan Hamzah Sendut as Independent and Non Executive Director

Velesto Energy Berhad Appoints Encik Alan Hamzah Sendut as Independent and Non Executive Chairman of Audit Committee

Price target increased by 7.7% to RM0.30

Velesto Energy Berhad Announces Resignation of Tong Poh Keow as Independent and Non Executive Director, Effective on December 1, 2023

Third quarter 2023 earnings released: EPS: RM0 (vs RM0.002 in 3Q 2022)

Price target increased by 7.1% to RM0.27

High number of new directors

Velesto Energy Berhad Announces Appointment of Encik Fadzihan Abbas Bin Mohamed Ramlee as Member of Risk Committee

Second quarter 2023 earnings released: EPS: RM0.002 (vs RM0.005 loss in 2Q 2022)

Now 20% undervalued

First quarter 2023 earnings released: EPS: RM0.002 (vs RM0.006 loss in 1Q 2022)

Are Investors Undervaluing Velesto Energy Berhad (KLSE:VELESTO) By 29%?

Now 22% undervalued

Now 23% undervalued after recent price drop

Now 20% undervalued

Here's Why Velesto Energy Berhad (KLSE:VELESTO) Can Afford Some Debt

Now 25% undervalued

Full year 2022 earnings released: RM0.012 loss per share (vs RM0.011 loss in FY 2021)

Third quarter 2022 earnings released: EPS: RM0.002 (vs RM0.006 loss in 3Q 2021)

Price target increased to RM0.18

High number of new directors

Now 22% undervalued

Velesto Energy Berhad (KLSE:VELESTO) Is Carrying A Fair Bit Of Debt

Price target decreased to RM0.14

Velesto Energy Berhad Announces Changes in Board of Directors' Committees' Composition

Velesto Energy Berhad Announces Appointment of Encik Mohd Irwan Bin Ahmad Mustafa as Non Independent and Non Executive Member of Risk Committee

Second quarter 2022 earnings released: RM0.005 loss per share (vs RM0.002 profit in 2Q 2021)

Velesto Energy Berhad Announces Appointment of Ahila A/P Ganesan as Independent and Non Executive Director

Here's Why Velesto Energy Berhad (KLSE:VELESTO) Can Afford Some Debt

Velesto Energy Berhad Announces Cessation of Encik Adrin Shafil Bin Ahmad Nasir as Chief Operating Officer

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Velesto Energy Berhad Announces Appointment of Mohd Shahreen Zainooreen Bin Madros as Senior Independent Non-Executive Director

Now 22% undervalued after recent price drop

Velesto Energy Berhad Announces Resignation of Encik Razalee Bin Amin as Member of Risk Committee, Effective 02 May 2022

High number of new directors

Now 22% undervalued after recent price drop

High number of new directors

Now 22% undervalued after recent price drop

Full year 2021 earnings: EPS and revenues miss analyst expectations

High number of new directors

Velesto Energy Berhad Appoints Megat Zariman Bin Abdul Rahim as Executive Director, Effective February 25, 2022

Velesto Energy Berhad (KLSE:VELESTO) Is Experiencing Growth In Returns On Capital

Is Velesto Energy Berhad (KLSE:VELESTO) A Risky Investment?

Consensus EPS estimates fall to -RM0.019

Price target decreased to RM0.17

Velesto Energy Berhad (KLSE:VELESTO) Is Looking To Continue Growing Its Returns On Capital

Is There An Opportunity With Velesto Energy Berhad's (KLSE:VELESTO) 30% Undervaluation?

High number of new directors

High number of new directors

High number of new directors

High number of new directors

High number of new directors

High number of new directors

Second quarter 2021 earnings released: EPS RM0.002 (vs RM0.002 loss in 2Q 2020)

Independent Non Executive Director Dayang Binti Johari has left the company

Is Velesto Energy Berhad (KLSE:VELESTO) Using Too Much Debt?